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After reports surfaced on Friday claiming that Pamela Anderson was allegedly over $1 million in debt with construction costs, the blonde bombshell is responding to reports about her financial woes.

"These reports are crazy and I cannot believe this has become a media issue," Pamela said in a statement released to Access Hollywood. "I am actually touched at how much concern has been expressed for me over this.

"It is true that I am in a dispute with some of the contractors working on my home. This is because after paying millions of dollars to build the house I continue to get bills from the contractors. My lawyers are reviewing the work done to see if the bills are fair. If they are, they'll be paid," Pamela's statement continued. "If they aren't, they won't be. I am just sorry this contractor went to the press, especially when I was working out of the country. I did not speak publicly about this before because I had no desire to embarrass anyone who worked on my home and whose work and bills are now part of arbitration.

The actress also addressed reports that she is dealing with tax payment issues.

"On a separate issue, mistakes may have been made in calculating taxes owed and we are now in the process of ensuring that any taxes owed are paid. Unfortunately there are tax liens," She said. "However, I'm financially secure and I want to thank everyone who expressed concern for me based on these rumors."

Boulevard Management also filed a lien for $87,696 for unpaid bills and interest, and for construction work. Powerfull Electric filed a lien for $83,732. And finally, Pacific Coast Ironworks filed a lien for $29,015.